Everything is on the chart! Ethereum is on the verge of exploding higher! On the chart, you can see that the body of the monthly just broke the two year resistance (Blue Dotted Line). Stochastic RSI crossed bullish in March and theres no turning back till another few more months. RSI is clearly oversold on the monthly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
CHARTS DON'T LIE!! Small Corrections will happen on this journey to $8000+ in the next couple of months! Once target is met, a HUGE CORRECTION (maybe 70% dip) will occur. Take profit and buy again for the REAL bull run to begin! Target is at a Fib target of around 15k - 20k!!
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle Altcoin Season is just getting started!! BULLISH CROSS on weekly!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this: FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
@3809a18b5fcc49de89b212a85501ab, crash down, next bear market. I'm thinking a short term bear market though. Need to wait what the trend and chart says when we get to that time. I know most people are saying 50-80k.. I doubt it for now. We will see.
3809a18b5fcc49de89b212a85501ab
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@junie757 thanks for your comment. like your idea. 50-80k is possible but not in this bull run imo.